Consumerism Is Not Harmful At Times - 1364 Words

Consumerism, the theory that an increasing consumption of goods is economically desirable: a preoccupation with an inclination toward the buying of consumer goods, has been increasing over the last few decades. Although many individuals feel that the increase of can be hurtful to financial wellness, this is not always the truth. The consumption of goods and services is what allows the economic markets to flow freely and thrive as well as survive. Not to say that induvial consumerism is not harmful at times as it can be if the individual creates mountains of debt that may bury them financially. The purpose of this report is to explain how consumerism affects the economy, the individual as well as what the future may hold for consumerism. â€Å"Each time that a person buys something, it typically depletes a store of goods. This signals for more production of goods†¦Ã¢â‚¬  This is what consumerism is about, every time an individual makes a purchase the place where they make the p urchase, more times than not, will replenish the item that was sold. This repurchase then trickles down to yet another cooperation that sells the merchandise to the store, in fact they service hundreds or thousands of stores who perform the same task of ordering and reordering. This second cooperation also employs individuals who have families and depend on a paycheck. So all the companies that this second company services reorder, possibly creating a demand for them to hire more employees. Let’s take this aShow MoreRelatedThe Impact Of Consumerism939 Words   |  4 PagesAccording to Dictionary.com, consumerism is defined as â€Å"the concept that an ever-expanding consumption of goods is advantageous to the economy.† Basically, this definition boils down to people getting more people to buy more products is a good thing. However, things aren’t always as they seem. In order to get people to be interested in your product, there is lots of advertisement involved and this of course costs money. Unfortunately, with lots of advertisements, they may not tell the whole truthRead MoreThe Harmful Effects of Advertising on Society982 Words   |  4 Pagespeople see advertising as harmful in many different ways. With today’s society image is everything, and advertising uses this to their advantage. Advertising uses this as a way to make insecure people buy products they do not need. Many advertisements that are seen today on television, billboards, newspaper, and magazines are indeed harmful to our eyes and brain. Many of them make people feel like crap, that you dont have this car or that house or that body. Advertising is harmful to society because ofRead MoreFood Waste By Tristram Stuart1273 Words   |  6 Pagestheir good amount of money on consumerism. 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Suppose that amount comesRead MoreAmerican Rock N Roll Essay1578 Words   |  7 Pages American Rock ’n’ Roll was a huge influence on the idea of Pop as it affected young people and gave them their own distinct interests. Pop figures at the time such as Elvis Presley and the Beatles gripped the youth of the mid-20th century and defined a discernible difference between the young and the old. Post-war depression was replaced by a youthful optimistic spirit, which allowed for expression of self among the youth of American society. The optimistic spirit offered by pop culture icons allowedRead MorePros and Cons of Government Intervention Essay894 Words   |  4 Pagesspecific report addresses the pros and cons of how much government intervention in the marketplace is necessary and appropriate. This report will cover four authors, Cunningham, Green, Friedman and Pertschuk. The authors have written extensively on consumerism and the protection thereof. 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